STC Archives - Total Telecom

The Silklink project: STC pledges to help reconnect war-torn Syria

by Harry Baldock | Feb 9, 2026

This week, Saudi Arabian communication giant STC Group has announced it has won a roughly $800 million contract to lead Syria’s Silklink infrastructure project.

STC, Mobily, and OneWeb NEOM among winners at inaugural Connected World KSA Awards

by Harry Baldock | Nov 18, 2025

Connected World KSA is proud to reveal the winners of its first-ever Connected World KSA Awards, presented today during the event at Riyadh Front Exhibition & Conference Center.

Saudi’s center3 unveils plans for 1 Gigawatt of data centre capacity by 2030

by Harry Baldock | Aug 7, 2025

This week, STC subsidiary center3 has unveiled a plans to expand its data centre infrastructure to reach a total capacity of 1 Gigawatt by 2030.

STC turns its gaze to Vodafone Portugal after collapse of Altice deal

by Harry Baldock | Jul 15, 2024

According to anonymous sources speaking to Jornal Económico, Saudi Arabia’s telecoms giant STC is considering acquiring Vodafone Portugal.

STC joins e& in eying up United Group

by Georgia Sweeting | Jun 4, 2024

Saudi Arabia’s STC group is considering the takeover of European telecom and pay-TV operator United Group, according to a report from Reuters that cited three anonymous sources familiar with the discussions.

Spanish govt matches STC’s Telefónica stake with 10% acquisition

by Georgia Sweeting | May 21, 2024

The Spanish government’s investment fund SEPI has reached its target of acquiring a 10% stake in Telefonica, after being instructed to do so by Spanish government.

PIF’s and STC’s Merger to create Saudi’s largest tower co.

by Georgia Sweeting | Apr 22, 2024

The sovereign wealth fund of Saudi Arabia, the Public Investment Fund (PIF) has signed a deal with telco stc, through which PIF will acquire 51% of Telecommunication Towers Company Limited (TAWAL) from stc.

Telefonica secures €80m Spanish defence contract

by Georgia Sweeting | Apr 15, 2024

The Spanish Ministry of Defence has awarded Telefonica the majority of a tender to provide them with a secure private telecommunications network services. According to Spanish news source Expansión, the company has won three out of four lots of the I3D (Comprehensive Information Infrastructure for Defence) contract for a total of €80.3 million.

Spanish govt buys 3% stake in Telefonica, eyes 10%

by Harry Baldock | Mar 27, 2024

The Spanish government says it will look to increase its stake in the country’s largest mobile operator, seeking to counter the influence of Saudi Arabia’s STC

Altice’s corruption investigation woes spill into France

by Harry Baldock | Mar 12, 2024

A report from Bloomberg has revealed that French prosecutors have launched their own preliminary investigations into persons linked to Altice, in parallel to separate investigations by Portuguese authorities.

Iliad’s Xavier Niel shows interest in Altice Portugal

by Georgia Sweeting | Jan 3, 2024

Billionaire Xavier Niel, who owns French telco Iliad, has expressed an interested in purchasing Altice Portugal, according to a report from Bloomberg . Altice Portugal, which is part of Altice Group and serves customers using the brand name Meo, is owned by French billionaire Patrick Drahi, who indicated his intention to sell the unit in summer last year.

Spain to purchase a 10% stake in Telefónica following STC’s acquisition

by Georgia Sweeting | Dec 20, 2023

The Spanish government is set to acquire a 10% stake in Telefónica through the state holding company Sociedad Estatal de Participaciones Industriales (SEP)I, following Saudi Arabia based STC group’s acquisition of a large stake earlier this year.

STC eyes up Altice Portugal

by Georgia Sweeting | Dec 12, 2023

Saudi Telecom Company (STC) are considering the potential acquisition of Altice Portugal, which is owned by billionaire Patrick Drahi, according to a Bloomberg report citing anonymous sources

Spanish govt considers stake in Telefónica to counter STC’s influence

by Georgia Sweeting | Nov 1, 2023

The Spanish State holding company SEPI (Sociedad Estatal de Participaciones Industriales) has announced that is considering purchasing a stake in Telefónica, just weeks after Saudi Arabian operator STC announced its intention to build a 9.9% stake in the business.